Disney stock hits record high after investor day plays up streaming future

Market cap valued at more than $318bn on Friday.Disney shares closed at an all-time high of $175.89 on Friday (December 11) following Thursday’s mammoth Disney Investor Day session.The company’s market cap was valued at more than $318bn as investors viewed the company’s streaming-centric future with optimism, despite a big hit to the theme parks business due to the ongoing pandemic.The studio also clarified its most recent schedule changes.Thor: Love And Thunder has been pushed from February 11, 2022, to May 6, 2022.

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